DJ Verizon Communications Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Verizon Communications Inc. $(VZ)$ inched 0.21% higher to $42.08 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.54% to 6,051.25 and Dow Jones Industrial Average falling 0.53% to 43,914.12.
The stock's rise snapped a four-day losing streak.
Verizon Communications Inc. closed $3.28 short of its 52-week high ($45.36), which the company reached on September 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 0.60% to $247.96, AT&T Inc. $(T)$ fell 0.51% to $23.36, and T-Mobile US Inc. $(TMUS)$ fell 0.46% to $233.27.
Trading volume (11.1 M) remained 5.5 million below its 50-day average volume of 16.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 12, 2024.
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(END) Dow Jones Newswires
December 12, 2024 16:37 ET (21:37 GMT)
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